Suburb Profile Report for Hamlyn Heights VIC (3215)

Hamlyn Heights House: Median price $454,500, Annual capital growth 7.01%, Number of sales 134, Weekly median advertised rent $350

Hamlyn Heights Unit: Median price $329,000, Annual capital growth 4.04%, Number of sales 29, Weekly median advertised rent $300

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Hamlyn Heights is in the TOP 30% in VIC when comparing median price capital growth over the last year. Hamlyn Heights gave property investors a good capital gain figure when compared to the rest of the state, with 16.31%.

Hamlyn Heights,3215 has offered an average of 16.31% return per annum in house price rises to property investors over the last three years.

Property investors looking for a bargain in Hamlyn Heights should be aiming for at least -4.77% off the asking price, which is the average vendor discount being achieved at the moment.

Hamlyn Heights, 3215’s gross rental yield is 4.00%

Hamlyn Heights is in the TOP 10% in VIC when comparing median price capital growth over the last year. Hamlyn Heights gave property investors a very good capital gain figure when compared to the rest of the state, with 27.15%.

When looking at the potential capital gains offered to property investors over the last 3 years, Hamlyn Heights comes in at number 280th in VIC.

The most recent median price for Hamlyn Heights is $329000, with sellers offering an average of -4.66% off the asking price.

Hamlyn Heights is 107th on a list of best yielding suburbs for rents in VIC with a 4.74% return

Metrics i HOUSE UNIT
$454,500 $329,000
5.64% 0.80%
16.31% 27.15%
7.01% 4.04%
$350 $300
134 29
4.00% 4.74%
62.98 70.07

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 6074
Median household income ($/weekly) 1026
Median age of persons 40
Median housing loan repayment ($/monthly) 1473
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 681 11.2
    25-34 years 753 12.4
    35-44 years 846 13.9
    45-54 years 817 13.4
    55-64 years 647 10.7
    Others 2331 38.4
    Age Group
    Census Count Percent(%)
    Registered Married 2129 46.7
    Not Married 1998 43.8
    Defacto Relationship 431 9.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 4770 83.2
    Greece 67 1.2
    Japan 91 1.6
    United Kingdom 194 3.4
    Other 180 3.1
    Others 433 7.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 48 0.9
    Christianity 4204 76.0
    Islam 36 0.7
    Other Religious Groups 23 0.4
    No Religion 1201 21.7
    Others 17 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 289 13.2
    $600-$799 230 10.5
    $800-$999 218 10.0
    $1,000-$1,249 209 9.6
    $1,500-$1,999 243 11.1
    Others 995 45.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1755 36.9
    Employed, worked full-time 1729 36.3
    Employed, worked part-time 928 19.5
    Employed, away from work 194 4.1
    Unemployed, looking for work 155 3.3
    Person Characteristics
  • Census Count Percent(%)
    Professionals 519 18.2
    Technicians & trades workers 471 16.5
    Community & personal service workers 334 11.7
    Clerical & administrative workers 403 14.2
    Sales 301 10.6
    Others 818 28.7
    Occupation
    Census Count Percent(%)
    Pre-school 104 7.8
    Infants/Primary 439 33.1
    Secondary 372 28.1
    Technical or Further Educational Institution 145 10.9
    University or other Tertiary Institutions 219 16.5
    Others 47 3.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5237 92.7
    Semi-detached, row or terrace house, townhouse 220 3.9
    Flat, unit or apartment 195 3.5
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 996 42.7
    Being purchased 783 33.5
    Rented 545 23.4
    Other tenure type 10 0.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals